Fixed Rate Notes. The Issuer will pay interest on the principal amount specified on the face of this Note (as adjusted in accordance with Schedule 1 hereto) on each Interest Payment Date specified in the Pricing Supplement and at Maturity, commencing on the first Interest Payment Date succeeding the Original Issue Date specified above, except as provided on the face hereof, until payment of such principal sum has been made or duly provided for. Payments of interest hereon will include interest accrued from, and including, the most recent Interest Payment Date to which interest on this Note (or any predecessor Note) has been paid or duly provided for (or, unless otherwise specified in the Pricing Supplement, if no interest has been paid or duly provided for, from, and including, the Original Issue Date) to, but excluding, the relevant Interest Payment Date or Maturity Date, as the case may be. Unless otherwise specified in the Pricing Supplement, if this Note has an original maturity of one year or more and is payable in U.S. dollars, interest (including payments for partial periods) will be computed on the basis of a 360-day year of twelve 30-day months. Unless otherwise specified in the Pricing Supplement, if any Interest Payment Date or the Maturity Date of this Note falls on a day that is not a Business Day, the related payment of principal, premium, if any, or interest on this Note will be made on the next succeeding Business Day with the same force and effect as if made on the date such payments were due, and no additional interest will accrue in respect of the amount so payable for the period from and after such Interest Payment Date or the Maturity Date, as the case may be.
Appears in 4 contracts
Samples: Bank of America Corp /De/, Bank of America Corp /De/, Bank of America Corp /De/
Fixed Rate Notes. The Issuer This Note will pay bear interest on the principal amount specified on the face of this Note (as adjusted in accordance with Schedule 1 hereto) on each Interest Payment Date specified in the Pricing Supplement and at Maturity, commencing on the first Interest Payment Date succeeding the from its Original Issue Date specified aboveDate, except as provided on or from the face hereof, until payment of such principal sum has been made or duly provided for. Payments of interest hereon will include interest accrued from, and including, the most recent last Interest Payment Date to which interest on this Note (or any predecessor Note) has been paid or duly provided for (or, unless otherwise specified in the Pricing Supplement, if no interest has been paid or duly provided for, fromat the rate per annum on the face hereof or in the pricing supplement attached hereto or delivered herewith until the principal amount hereof is paid or made available for payment, except as otherwise described below under "Subsequent Interest Periods" and including"Extension of Maturity," and except that if so specified in the attached pricing supplement, the Original Issue Date) torate of interest payable on certain Fixed Rate Notes may be subject to adjustment as specified therein. Unless otherwise set forth herein, but excluding, interest on this Note will be payable semiannually in arrears on the relevant Interest Payment Dates set forth above and at Stated Maturity. If an Interest Payment Date or Maturity Date, as the case may be. Unless with respect to any Note would otherwise specified in the Pricing Supplement, if this Note has an original maturity of one year or more and is payable in U.S. dollars, interest (including payments for partial periods) will be computed on the basis of a 360-day year of twelve 30-day months. Unless otherwise specified in the Pricing Supplement, if any Interest Payment Date or the Maturity Date of this Note falls on a day that is not a Business Day, such Interest Payment Date shall not be postponed; provided, however, that any payment required to be made in respect of such Note on a date (including the related payment day of principalStated Maturity) that is not a Business Day for such Note need not be made on such date, premium, if any, or interest on this Note will but may be made on the next succeeding Business Day with the same force and effect as if made on the date such payments were duedate, and no additional interest will shall accrue as a result of such delayed payment. However, if with respect to any Note for which "Accrue to Pay" is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith, and any Interest Payment Date with respect of the amount so payable for the period from and after to such Fixed Rate Note would otherwise be a day that is not a Business Day, such Interest Payment Date or shall be postponed to the Maturity next succeeding Business Day. Each payment of interest in respect of an Interest Payment Date shall include interest accrued through the day before such Interest Payment Date. Unless otherwise specified herein, as interest on this Note will be computed on the case may bebasis of a 360-day year of twelve 30-day months ("30 over 360").
Appears in 2 contracts
Samples: Citigroup Capital Xii, Citigroup Capital Xi
Fixed Rate Notes. The If this Note is designated as a “Fixed Rate Note” on the face hereof, the Issuer will pay interest on the principal amount specified on the face of this Note (as adjusted in accordance with Schedule 1 hereto) on each Interest Payment Date specified in the Pricing Supplement and at Maturity, commencing on the first Interest Payment Date succeeding the Original Issue Date specified above, except as provided on the face hereof, until payment of such principal sum has been made or duly provided for. Unless otherwise specified in the Pricing Supplement, if this Note has a Maturity Date of less than one year from the Original Issue Date, interest on this Note will be paid only at Maturity. Payments of interest hereon will include interest accrued from, from and including, including the most recent Interest Payment Date to which interest on this Note (or any predecessor Note) has been paid or duly provided for (or, unless otherwise specified in the Pricing Supplement, if no interest has been paid or duly provided for, from, from and including, including the Original Issue Date) to, to but excluding, excluding the relevant Interest Payment Date or Maturity Date, as the case may be. Unless otherwise specified in the Pricing Supplement, if this Note has an original maturity less than one year and is payable in U.S. dollars, interest (including payments for partial periods) will be computed and paid on the basis of the actual number of days elapsed divided by 360. Unless otherwise specified in the Pricing Supplement, if this Note has an original maturity of one year or more and is payable in U.S. dollars, interest (including payments for partial periods) will be computed on the basis of a 360-day year of twelve 30-day months. Unless otherwise specified in the Pricing Supplement, if any Interest Payment Date or the Maturity Date of this Note falls on is denominated in a day that is not a Business DaySpecified Currency other than U.S. dollars, the related payment of principal, premium, if any, or interest on this Note will be made computed on the next succeeding Business Day with the same force and effect as if made on the date such payments were due, and no additional interest will accrue in respect basis of the amount so payable for the period from and after such Interest Payment Date or the Maturity Date, as the case may beActual/Actual (ISMA) Fixed Day Count Convention.
Appears in 2 contracts
Samples: Global Agency Agreement (Bank of America Corp /De/), Global Agency Agreement (Bank of America Corp /De/)
Fixed Rate Notes. The If this Note is designated as a “Fixed Rate Note” on the face hereof, the Issuer will pay interest on the principal amount specified on the face of this Note (as adjusted in accordance with Schedule 1 and Schedule 2 hereto) on each Interest Payment Date specified in the Pricing Supplement and at Maturity, commencing on the first Interest Payment Date succeeding the Original Issue Date specified above, except as provided on the face hereof, until payment of such principal sum has been made or duly provided for. Unless otherwise specified in the Pricing Supplement, if this Note has a Maturity Date of less than one year from the Original Issue Date, interest on this Note will be paid only at Maturity. Payments of interest hereon will include interest accrued from, from and including, including the most recent Interest Payment Date to which interest on this Note (or any predecessor Note) has been paid or duly provided for (or, unless otherwise specified in the Pricing Supplement, if no interest has been paid or duly provided for, from, from and including, including the Original Issue Date) to, to but excluding, excluding the relevant Interest Payment Date or Maturity Date, as the case may be. Unless otherwise specified in the Pricing Supplement, if this Note has an original maturity less than one year and is payable in U.S. dollars, interest (including payments for partial periods) will be computed and paid on the basis of the actual number of days elapsed divided by 360. Unless otherwise specified in the Pricing Supplement, if this Note has an original maturity of one year or more and is payable in U.S. dollars, interest (including payments for partial periods) will be computed on the basis of a 360-day year of twelve 30-day months. Unless otherwise specified in the Pricing Supplement, if any Interest Payment Date or the Maturity Date of this Note falls on is denominated in a day that is not a Business DaySpecified Currency other than U.S. dollars, the related payment of principal, premium, if any, or interest on this Note will be made computed on the next succeeding Business Day with the same force and effect as if made on the date such payments were due, and no additional interest will accrue in respect basis of the amount so payable for the period from and after such Interest Payment Date or the Maturity Date, as the case may beActual/Actual (ISMA) Fixed Day Count Convention.
Appears in 2 contracts
Samples: Global Agency Agreement (Bank of America Corp /De/), Global Agency Agreement (Bank of America Corp /De/)
Fixed Rate Notes. The Issuer This Note will pay bear interest on the principal amount specified on the face of this Note (as adjusted in accordance with Schedule 1 hereto) on each Interest Payment Date specified in the Pricing Supplement and at Maturity, commencing on the first Interest Payment Date succeeding the from its Original Issue Date specified aboveDate, except as provided on or from the face hereof, until payment of such principal sum has been made or duly provided for. Payments of interest hereon will include interest accrued from, and including, the most recent last Interest Payment Date to which interest on this Note (or any predecessor Note) has been paid or duly provided for (or, unless otherwise specified in the Pricing Supplement, if no interest has been paid or duly provided for, fromat the rate per annum stated on the face hereof or in the pricing supplement attached hereto or delivered herewith until the principal amount hereof is paid or made available for payment, except as otherwise described below under "Subsequent Interest Periods" and including"Extension of Maturity," and except that if so specified in the attached pricing supplement, the Original Issue Date) torate of interest payable on certain Fixed Rate Notes may be subject to adjustment as specified therein. Unless otherwise set forth herein, but excluding, interest on this Note will be payable semiannually in arrears on the relevant Interest Payment Dates set forth above and at Stated Maturity. If an Interest Payment Date or Maturity Date, as the case may be. Unless with respect to any Note would otherwise specified in the Pricing Supplement, if this Note has an original maturity of one year or more and is payable in U.S. dollars, interest (including payments for partial periods) will be computed on the basis of a 360-day year of twelve 30-day months. Unless otherwise specified in the Pricing Supplement, if any Interest Payment Date or the Maturity Date of this Note falls on a day that is not a Business Day, such Interest Payment Date shall not be postponed; provided, however, that any payment required to be made in respect of such Note on a date (including the related payment day of principalStated Maturity) that is not a Business Day for such Note need not be made on such date, premium, if any, or interest on this Note will but may be made on the next succeeding Business Day with the same force and effect as if made on the date such payments were duedate, and no additional interest will shall accrue as a result of such delayed payment. However, if with respect to any Note for which "Accrue to Pay" is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith, and any Interest Payment Date with respect of the amount so payable for the period from and after to such Fixed Rate Note would otherwise be a day that is not a Business Day, such Interest Payment Date or shall be postponed to the Maturity next succeeding Business Day. Each payment of interest in respect of an Interest Payment Date shall include interest accrued through the day before such Interest Payment Date. Unless otherwise specified herein, as interest on this Note will be computed on the case may bebasis of a 360-day year of twelve 30-day months ("30 over 360").
Appears in 2 contracts
Samples: Citigroup Capital Xi, Citigroup Capital Xii